Banking Reform in Russia: Problems and Prospects
This paper examines the state of the Russian banking sector in 2004 and assesses the most important reform initiatives of the last two years, including deposit insurance legislation, a major reform of the framework for prudential supervision, steps to increase transparency in the sector, and measure...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2004
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| Schriftenreihe: | OECD Economics Department Working Papers
no.410 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper examines the state of the Russian banking sector in 2004 and assesses the most important reform initiatives of the last two years, including deposit insurance legislation, a major reform of the framework for prudential supervision, steps to increase transparency in the sector, and measures to facilitate the development of specific banking activities. The overall conclusion that emerges from this analysis is that the Russian authorities' approach to banking reform is to be commended. The design of the reform strategy reflects an awareness of the need for a 'good fit' between its major elements, and the main lines of the reform address some of the principal problems of the sector. The major lacuna in the Russian bank reform strategy concerns the future of state-owned banks. Despite a long-standing official commitment to reducing the role of the state - and of the Bank of Russia in particular - in the ownership of credit institutions, there is still a need for a much more ... |
| Beschreibung: | 1 Online-Ressource (46 p.) 21 x 29.7cm. |
| DOI: | 10.1787/346560635401 |
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| spelling | Tompson, William VerfasserIn aut Banking Reform in Russia Problems and Prospects William, Tompson = La réforme du secteur bancaire en Russie : Les enjeux et les perspectives / William, Tompson La réforme du secteur bancaire en Russie Paris OECD Publishing 2004 1 Online-Ressource (46 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.410 This paper examines the state of the Russian banking sector in 2004 and assesses the most important reform initiatives of the last two years, including deposit insurance legislation, a major reform of the framework for prudential supervision, steps to increase transparency in the sector, and measures to facilitate the development of specific banking activities. The overall conclusion that emerges from this analysis is that the Russian authorities' approach to banking reform is to be commended. The design of the reform strategy reflects an awareness of the need for a 'good fit' between its major elements, and the main lines of the reform address some of the principal problems of the sector. The major lacuna in the Russian bank reform strategy concerns the future of state-owned banks. Despite a long-standing official commitment to reducing the role of the state - and of the Bank of Russia in particular - in the ownership of credit institutions, there is still a need for a much more ... Economics Russian Federation FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/346560635401 Volltext |
| spellingShingle | Tompson, William Banking Reform in Russia Problems and Prospects Economics Russian Federation |
| title | Banking Reform in Russia Problems and Prospects |
| title_alt | La réforme du secteur bancaire en Russie |
| title_auth | Banking Reform in Russia Problems and Prospects |
| title_exact_search | Banking Reform in Russia Problems and Prospects |
| title_full | Banking Reform in Russia Problems and Prospects William, Tompson = La réforme du secteur bancaire en Russie : Les enjeux et les perspectives / William, Tompson |
| title_fullStr | Banking Reform in Russia Problems and Prospects William, Tompson = La réforme du secteur bancaire en Russie : Les enjeux et les perspectives / William, Tompson |
| title_full_unstemmed | Banking Reform in Russia Problems and Prospects William, Tompson = La réforme du secteur bancaire en Russie : Les enjeux et les perspectives / William, Tompson |
| title_short | Banking Reform in Russia |
| title_sort | banking reform in russia problems and prospects |
| title_sub | Problems and Prospects |
| topic | Economics Russian Federation |
| topic_facet | Economics Russian Federation |
| url | https://doi.org/10.1787/346560635401 |
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